Adams Resources & Energy Balance Sheet Health
Financial Health criteria checks 4/6
Adams Resources & Energy has a total shareholder equity of $92.7M and total debt of $21.9M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are $361.3M and $268.6M respectively. Adams Resources & Energy's EBIT is $333.0K making its interest coverage ratio 0.2. It has cash and short-term investments of $33.3M.
Key information
23.6%
Debt to equity ratio
US$21.88m
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$33.26m |
| Equity | US$92.72m |
| Total liabilities | US$268.62m |
| Total assets | US$361.33m |
Recent financial health updates
No updates
Recent updates
Don't Buy Adams Resources & Energy, Inc. (NYSEMKT:AE) For Its Next Dividend Without Doing These Checks
Feb 27
Three Things You Should Check Before Buying Adams Resources & Energy, Inc. (NYSEMKT:AE) For Its Dividend
Feb 06
Would Shareholders Who Purchased Adams Resources & Energy's (NYSEMKT:AE) Stock Three Years Be Happy With The Share price Today?
Jan 02Dividend Investors: Don't Be Too Quick To Buy Adams Resources & Energy, Inc. (NYSEMKT:AE) For Its Upcoming Dividend
Nov 28What Kind Of Shareholders Hold The Majority In Adams Resources & Energy, Inc.'s (NYSEMKT:AE) Shares?
Nov 27Financial Position Analysis
Short Term Liabilities: AE's short term assets ($232.5M) exceed its short term liabilities ($210.8M).
Long Term Liabilities: AE's short term assets ($232.5M) exceed its long term liabilities ($57.8M).
Debt to Equity History and Analysis
Debt Level: AE has more cash than its total debt.
Reducing Debt: AE's debt to equity ratio has increased from 0% to 23.6% over the past 5 years.
Debt Coverage: AE's debt is well covered by operating cash flow (138.4%).
Interest Coverage: AE's interest payments on its debt are not well covered by EBIT (0.2x coverage).